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Gross floor area of LEED-certified buildings amongst the top eight Indian cities (January to October 2022).
Real Estate

Gross floor area of LEED-certified buildings amongst the top eight Indian cities (January to October 2022).

Highlighting the importance of LEED Certification of buildings, Sujatha Ganapathy, Vice President - Sustainability and Well Standard Business, Knight Frank India, has said, “Sustainable architecture and green buildings meeting the needs of a balanced ecology is an emerging and on-demand tre...

Highlighting the importance of LEED Certification of buildings, Sujatha Ganapathy, Vice President - Sustainability and Well Standard Business, Knight Frank India, has said, “Sustainable architecture and green buildings meeting the needs of a balanced ecology is an emerging and on-demand trend in the Indian and global real estate landscape. As the collective consciousness of the global population leans more and more towards environment-first and socially responsible companies, Indian corporates are also being compelled to respond to the growing attention and trend in non-financial reporting and performance. Investors are keen to assist socially and ecologically conscious businesses in India.” India has recorded 82 Platinum-certified buildings, 49 Gold-certified buildings and four Silver-certified buildings across the top seven leading markets during the January to October 2022 period. NCR registers the highest Platinum Certified buildings accounting for up to 22 buildings whereas Bengaluru registered the highest Gold Certified buildings accounting for up to 12 buildings.

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Real Estate

Reliance MET City Launches Metropolis Project In Haryana

Reliance MET City (RMC) has launched Metropolis, an integrated mixed-use project in Haryana that is expected to redefine the regional urban landscape. RMC said the development will combine residential, commercial and leisure components to meet rising demand for organised urban spaces. The project has been positioned to benefit from existing and planned transport links and municipal infrastructure, and aligns with regional plans for sustainable urbanisation. Company representatives framed the initiative as part of a broader expansion strategy in northern India. The Metropolis project will inco..

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Infrastructure Energy

Radiance Renewables Raises 100 Million Dollars for Expansion

Eversource-backed Radiance Renewables has secured 100 million dollars (100 mn dollars) in funding from Impact Fund Denmark and FMO to support its expansion. The investment will bolster the company's capital base and enable acceleration of project development and deployment. Radiance Renewables is positioning itself to scale its renewable energy portfolio and strengthen operational capabilities. The funding round reflects growing investor appetite for climate-focused infrastructure. Impact Fund Denmark and FMO are established impact investors that channel capital into sustainable energy projec..

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Infrastructure Energy

Temasek-led Consortium in Talks for Rs 15 bn Pre-IPO Round

A Temasek-led consortium is in advanced talks to invest Rs 15 billion (Rs 15 bn) in Clean Max Enviro Energy in a pre-initial public offering funding round, according to people familiar with the matter. The prospective financing is intended to provide capital for operational expansion and to strengthen the company's balance sheet ahead of a planned public listing. The discussions reflect continued investor appetite for renewable energy platforms in the region. Clean Max Enviro Energy is a renewable energy developer that provides sustainable power solutions to commercial and industrial customer..

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